Random Roger's Retirement Planning

NOVEMBER 21, 2023

Asset allocation matters. So using simple math, the total return is 34% versus 72% for the common. The more effort you expend, like frequent trading or in CALPERs case, frequent policy changes, the more you're are fighting against the market's ergodic potential. That's not a call to do nothing. adds another 22.5%

Portfolio 75

Portfolio Asset Allocation Math Management 75

The Better Letter

OCTOBER 5, 2023

The biggest thing, though, was that my much-better-half retired. As you will see, to honor her retirement, students and former students lined the entire route from her classroom to our house to applaud her. We drove across the country (much slower than last time ). I thought it was amazing, and a wonderful surprise. But we are.

Insurance 114

Insurance Food Asset Allocation Retirement 114

The Big Picture

SEPTEMBER 19, 2023

One, one is true and I’ve always said is that I wanted people to stop, ask if I could doing math. And no one asked me if I can do math anymore with a degree from Booth, particularly in econometrics and statistics. So people really ask you, you take French and can you do math. So I applied to Maryland State retirement.

Assets 147

Assets Management Investing Investments 147

The Big Picture

FEBRUARY 6, 2024

I’d say management consulting is any of the other thing that least at that time was the other career trajectory, just my personality, more of a math oriented introvert. And that a bit of that cult, Dick and Ike are both retired now. And I very much get the sense he has no interest in retiring. So I was at Harvard.

Valuation 130

Valuation Investing Investments Assets 130

The Big Picture

JUNE 6, 2023

Once you have your asset allocation dialed in, your automatic contributions dialed in, all the basics, then you can move on. RITHOLTZ: if you’re one latte away from your retirement being messed up you got bigger … SETHI: Bigger problems. Have I managed my asset allocation and my investment fees? SETHI: Yes.

Accounting 130

Accounting Numbers Budgeting Financial Counseling 130

The Big Picture

AUGUST 20, 2024

00:03:14 [Mike Greene] So that was actually an outgrowth from my experience coming out of Wharton and you mentioned the, the, you know, the transition of people who tended to be skilled at math or physics into finance. People earn wages, whether it’s a retirement account or a tax deferred account or just an investment account.

Assets 173

Assets Management Portfolio Marketing 173

The Big Picture

AUGUST 29, 2023

So there’s been a big push for folks to get the appropriate level of asset allocation in a highly diversified, low cost way. And when you saw the US Ag down 13% last year, for folks, again, who are investing for retirement and in their 529 plans, they’re not concerned about it. RITHOLTZ: Really interesting.

Portfolio 130

Portfolio Investments Investing Numbers 130

The Big Picture

SEPTEMBER 12, 2022

I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature. BITTERLY MICHELL: … difficult situations for those who were retiring, right, and those …. Of course, we have strategic asset allocations, strategic portfolios. RITHOLTZ: Yeah.

Clients 299

Clients Wealth Management Banking Investing 299

The Big Picture

NOVEMBER 25, 2024

And I, and I really like the application of math and statistics and computer science to markets. You learn the math that can help you with, with market making operations. It’s just not smart on a math basis to do that. And I just caught the bug. Become options market makers. You learn the technology.

Portfolio 147

Portfolio Management Marketing Marketing 147

The Big Picture

JUNE 20, 2023

Or should this be kept out of private asset allocators’ hands? MORGENSON: And so you have pensioners at Bristol-Myers or Lockheed or Coors is another who are really relying on private equity to do the right thing for their pensions going forward, for their retirement, for their payouts when they need them.

Insurance 147

Insurance Healthcare Retail Medicine 147